Shin Lu Subsidiary Puding Environmental Protection to Increase Capital by NT$100 Million
Shin Lu Investment Holdings (3703) announced on May 15, 2026, that its subsidiary, Puding Environmental Protection Co., Ltd., has resolved to conduct a cash capital increase of NT$100 million. This will be achieved by issuing 10,000,000 new shares at a par value of NT$10 per share, with an issue price of NT$10 per share. The primary purpose of this capital increase is to strengthen the company's capital structure. Existing shareholders will have the preferential right to subscribe to the new shares in proportion to their current holdings. As the company has not yet hired employees, no shares are reserved for employee subscription. The record date for subscription is set for June 4, 2026, with the book closure period from May 31 to June 4, 2026. Payment for the subscribed shares is due on June 5, 2026.
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- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 14:47 (1h 50m after Collected)
Announcement Date: May 16, 2026
Announcement Time: May 15, 2026, 15:14:58
Company Code: 3703
Company Name: Shin Lu
Subject: Announcement of Resolution for Cash Capital Increase by Subsidiary Puding Environmental Protection Co., Ltd.
Compliance Clause: Clause 11
Date of Fact Occurrence: May 15, 2026
Description:
1. Date of Board Resolution or Company Decision: May 15, 2026
2. Number of Shares Issued: 10,000,000 shares
3. Par Value Per Share: NT$10
4. Total Amount of Issuance: NT$100,000,000
5. Issue Price: NT$10 per share
6. Number of Shares for Employee Subscription: The company has not yet hired employees, thus no shares need to be reserved for employee subscription. Existing shareholders will have the preferential right to subscribe in proportion to their original holdings.
7. Subscription Ratio for Existing Shareholders: 100%
8. Public Sale Method and Number of Shares: Not applicable
9. Handling of Fractional Shares and Unsubscribed Shares: Not applicable
10. Rights and Obligations of New Shares: Same as original issued shares
11. Use of Funds from Capital Increase: Strengthen capital structure
12. Record Date for Cash Capital Increase Subscription: June 4, 2026
13. Last Transfer Date: May 30, 2026
14. Book Closure Start Date: May 31, 2026
15. Book Closure End Date: June 4, 2026
16. Payment Period for Share Subscription: June 5, 2026
17. Contract Date with Collection and Deposit Banks: Not applicable
18. Designated Collection Bank: Not applicable
19. Designated Deposit Institution: Not applicable
20. Other Matters to be Notified: None
Announcement Time: May 15, 2026, 15:14:58
Company Code: 3703
Company Name: Shin Lu
Subject: Announcement of Resolution for Cash Capital Increase by Subsidiary Puding Environmental Protection Co., Ltd.
Compliance Clause: Clause 11
Date of Fact Occurrence: May 15, 2026
Description:
1. Date of Board Resolution or Company Decision: May 15, 2026
2. Number of Shares Issued: 10,000,000 shares
3. Par Value Per Share: NT$10
4. Total Amount of Issuance: NT$100,000,000
5. Issue Price: NT$10 per share
6. Number of Shares for Employee Subscription: The company has not yet hired employees, thus no shares need to be reserved for employee subscription. Existing shareholders will have the preferential right to subscribe in proportion to their original holdings.
7. Subscription Ratio for Existing Shareholders: 100%
8. Public Sale Method and Number of Shares: Not applicable
9. Handling of Fractional Shares and Unsubscribed Shares: Not applicable
10. Rights and Obligations of New Shares: Same as original issued shares
11. Use of Funds from Capital Increase: Strengthen capital structure
12. Record Date for Cash Capital Increase Subscription: June 4, 2026
13. Last Transfer Date: May 30, 2026
14. Book Closure Start Date: May 31, 2026
15. Book Closure End Date: June 4, 2026
16. Payment Period for Share Subscription: June 5, 2026
17. Contract Date with Collection and Deposit Banks: Not applicable
18. Designated Collection Bank: Not applicable
19. Designated Deposit Institution: Not applicable
20. Other Matters to be Notified: None
FAQ
What is the purpose of this capital increase?
The purpose of this capital increase is to strengthen the capital structure.
How many shares are being issued?
10,000,000 shares are being issued.
What is the subscription price per share?
The subscription price is NT$10 per share.
Who has the right to subscribe to the new shares?
Existing shareholders have the first right to subscribe to the new shares in proportion to their original holdings. There are no reserved shares for employees as the company has not yet hired any.
When is the record date for subscription?
The record date for subscription is June 4, 2026.